RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CNA.L
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Weaker technical forecast for Cna Financial Corp as stock downgraded to Sell Candidate.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Cna Financial Corp stock price gained 1.74% on the last trading day (Wednesday, 27th Mar 2024), rising from £126.80 to £129.00. During the last trading day the stock fluctuated 2.77% from a day low at £126.25 to a day high of £129.75. The price has fallen in 5 of the last 10 days but is still up by 0.7% over the past 2 weeks. Volume fell on the last day by -5 million shares and in total, 12 million shares were bought and sold for approximately £1.56 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.73% during the next 3 months and, with a 90% probability hold a price between £97.68 and £113.58 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CNA.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 3.45%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Cna Financial Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £129.70. On a fall, the stock will find some support from the short-term average at £127.15. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Cna Financial Corp stock

Cna Financial Corp finds support from accumulated volume at £125.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £3.50 between high and low, or 2.77%. For the last week the stock has had daily average volatility of 2.25%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CNA.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Cna Financial Corp to open at £128.33, and during the day (based on 14 day Average True Range), to move between £125.65 and £132.35, which gives a possible trading interval of +/-£3.35 (+/-2.60%) up or down from last closing price. If Cna Financial Corp takes out the full calculated possible swing range there will be an estimated 5.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £129.30 (0.23%) than the support at £125.85 (2.44%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cna Financial Corp stock A Buy?

Cna Financial Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.237 Sell Candidate Downgraded

Predicted Opening Price for Cna Financial Corp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£128.33 ( 0.517%) £129.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CNA.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 131.83 2.20 %
R2 130.50 1.16 %
R1 129.67 0.520 %
Current price: 129.00
Support S1 127.00 -1.55 %
S2 126.17 -2.19 %
S3 124.83 -3.23 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 141.45 9.65 %
R2 130.45 1.12 %
R1 129.30 0.233 %
Current price 129.00
Support S1 125.85 -2.44%
S2 125.45 -2.75%
S3 125.20 -2.95%

CNA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2024 May 30, 2024 Jul 11, 2024 £2.67 2.07%
2 Feb 16, 2023 Jun 08, 2023 Jul 20, 2023 £2.00 1.59%
3 Jul 28, 2022 Oct 06, 2022 Nov 17, 2022 £1.00 1.09%
4 Feb 13, 2020 May 07, 2020 Jun 22, 2020 £3.50 8.45%
5 Jul 30, 2019 Oct 10, 2019 Nov 21, 2019 £1.50 1.89%

FAQ

What is the symbol for Cna Financial Corp Stock and on which exchange is it traded?
The symbol for Cna Financial Corp is CNA.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Cna Financial Corp Stock?
Cna Financial Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Cna Financial Corp Stock?
Cna Financial Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cna Financial Corp Stock.

What's the current price of Cna Financial Corp Stock?
As of the end of day on the 2024-03-27, the price of an Cna Financial Corp (CNA.L) share was £129.00.

What is the 52-week high and low for Cna Financial Corp Stock?
The 52-week high for Cna Financial Corp Stock is £173.70 and the 52-week low is £101.15.

What is the market capitalization of Cna Financial Corp Stock?
As of the 2024-03-27, the market capitalization of Cna Financial Corp is 6.829B.

When is the next earnings date for Cna Financial Corp?
The upcoming earnings date for Cna Financial Corp is Jul 25, 2024.
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About Cna Financial Corp

Cna Financial Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from nuclear asse... CNA.L Profile

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